JSE ticker tape

Medical Disposables IPO closed | Medical Disposables IPO closed this morning just after 9:00am and shortly after the official opening, IC Insider have been informed. The company placed 63.157 million shares on offer at $1.83 to raise $115 million.

Guardian leaves us | Guardian Holdings will no longer be available to trade on the Jamaica Stock Exchange as the company has applied for the shares to be delisted effective end of December. The stock is still available for trading on the Trinidad & Tobago Stock Exchange where the company is mainly listed. The delisting means less listing fees for the JSE come 2014.

Sagicor Group list by year end | Sagicor Life is expected to be delisted from the JSE by year end. IC Insider gathers that the JSE gave approval for Sagicor Group the direct parent company for Sagicor Life and Sagicor Investments to be listed and Sagicor Life to be delisted. Existing shareholders of Sagicor Life will receive shares equal to their existing holdings in the new company.

Related posts | Medical Disposables, OK not great

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